Binance Labs Leads Investment in Blockchain Game Platform
24.07.2024 8:30 1 min. read Alexander Stefanov
The venture capital and accelerator division of the world’s largest crypto exchange by trading volume is spearheading an investment in a new blockchain gaming token.
In a recent announcement, Binance Labs revealed that it led the investment round for the GameFi publishing platform, Pluto Studio. Pluto Studio’s initial project, Catizen, was launched on the Telegram TON blockchain.
Catizen integrates seamlessly with Telegram, leveraging its extensive user base to enhance visibility in the Web3 space. The game aims to introduce Web3 to a wider audience through engaging mini-games and mobile payment options.
The announcement highlighted that Catizen has already amassed over 25 million registered players, with 1.5 million active on the blockchain.
Pluto Studios plans to use the investment to further develop their product. Co-founder Ricky Wong stated, “This investment validates our vision and boosts our confidence in building the infrastructure needed for the next wave of Web3 entertainment. With Binance Labs’ support, we aim to elevate Catizen and bring more innovative solutions to the Telegram and TON ecosystems.”
-
1
Cardano Surges Past Ethereum in Developer Activity
01.05.2025 12:00 1 min. read -
2
1inch Expands to Solana, Sets Sights on Crosschain DeFi Growth
30.04.2025 12:00 1 min. read -
3
New Proposal Could Supercharge Ethereum’s Transaction Capacity
28.04.2025 18:00 2 min. read -
4
Is Real Estate the Next Big Thing on Blockchain?
26.04.2025 19:00 2 min. read -
5
Google Wallet Adds Private ID Feature Using Blockchain-Based Tech
04.05.2025 11:00 1 min. read
Maldives Unveils $9B Crypto Hub Plan to Transform Island Economy
Maldives is setting its sights on becoming a global fintech player by diving headfirst into the world of crypto and blockchain.
Vitalik Buterin Wants Ethereum to Simplify Before It’s Too Late
Ethereum co-founder Vitalik Buterin has called for a major reset of the blockchain’s design, warning that the network’s growing complexity threatens its long-term success.
Google Wallet Adds Private ID Feature Using Blockchain-Based Tech
Google is rolling out a privacy-focused update to its Wallet app by integrating zero-knowledge proofs (ZKPs), allowing users to verify identity attributes like age without revealing personal details.
Ethereum Devs Tackle Cross-Chain Confusion With New Address Standards
Sending crypto across multiple blockchains can still feel like navigating a maze — especially when it’s unclear which network an address belongs to.
-
1
Cardano Surges Past Ethereum in Developer Activity
01.05.2025 12:00 1 min. read -
2
1inch Expands to Solana, Sets Sights on Crosschain DeFi Growth
30.04.2025 12:00 1 min. read -
3
New Proposal Could Supercharge Ethereum’s Transaction Capacity
28.04.2025 18:00 2 min. read -
4
Is Real Estate the Next Big Thing on Blockchain?
26.04.2025 19:00 2 min. read -
5
Google Wallet Adds Private ID Feature Using Blockchain-Based Tech
04.05.2025 11:00 1 min. read